S&P downgrades US credit rating

[nynco]

Quite simply threatening to default on our debt is party over country stuff.

I see the Teaparty and the right wing extremists getting tossed. Mainly by the wallstreet people who backed them. Unless they decided to use the Tea Party and then bet against the US markets falling.

[tmleadr03]

The Tea Party said "NOT ENOUGH SPENDING CUTS!"
S&P downgrades the US's credit rating for spending too much.
Democrats claim it's the Tea Party's fault.

[sneakerd]

nynco is truly not worth talking to. I'm going to try to stay out of any discussion he's on. Might try that ignore button too.

[UberTong]

Don't feed the troll uber.

Yep youre right Graves. I'm havin a hell of a day and want to throw down. I'm gonna go home now and try and Gooooooooooz-Fra-BAAA...-Anger management

[nynco]

Yeah its all Obama and the Dems fault...........

[UberTong]

Quite simply threatening to default on our debt is party over country stuff.

Ignoring the rest of your verbal diarrhea, you're really going to come out with party over country?

I could not have thought of a better slogan for you and Barry Obummer in 2012. "Party over country". That's all that crook has done, you support those people with your bullshit thought process. YOU are the problem today.

[nynco]

I support neither. I just see the one side not wanting to compromise at all. It was their way or default. Well playing chicken with our national interests has consequences.

[tmleadr03]

nynco is truly not worth talking to. I'm going to try to stay out of any discussion he's on. Might try that ignore button too.

Only works if people stop quoting him.

[spyder]

There is quite a bit more going on than just the AA+ rating. Yes, it does matter actually. I don't know if anyone has any money in the market, but we do and my wife watches it like a hawk. I don't know if any of you know, but thursday the market took it's biggest drop since september of 08'. The AA+ downgrade rating itself made the market take another 6% drop. Now for those of you who don't play the market or pay any attention to it, fine, it doesn't mean anything till you see its impact hit you at home. For those that do play the market, you know it was important, and if you don't, I'd stop playing it.

[spyder]

All in all, it is important. Can the gov. do something about it and correct itself? Yes. Will they? Probably not. A bunch of people said it was nothing in August and September when the market was starting to tank also, they were wrong also.

I'm not saying to freak out or anything about it, just simply that it is actually something to take note of.